No penalties for CP500 taxpayers this year


PETALING JAYA: Individual taxpayers who have received Instal­ment Payment Notices (CP500) will not be subjected to penalties this year, says the Inland Revenue Board (LHDN).

It said this is to give individual taxpayers with income from employment and non-employment sources, such as rental, interest and royalties, time to properly comply with CP500 requirements for the 2026 Assess­ment Year (AY).

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